Trans-Asia Oil Changes Corporate Name, Ticker Symbol

Makati—(PHStocks)—After 47 years of existence, Trans-Asia Oil and Energy Development Corp. (TA) has evolved and grown into a bigger and brighter company, which is to be known moving forward as, PHINMA Energy Corp. PHINMA Energy shall adopt the ticker symbol “PHEN” upon completion and effectivity of the change in PSE’s system on September 2, 2016 to reflect […]
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Trans-Asia Oil Granted FIT COC by ERC

Makati—(PHStocks)—Trans-Asia Renewable Energy Corp. (TAREC), a fully-owned subsidiary of Trans-Asia Oil and Energy Corp. (PSE: TA) received its Certificate of Compliance (COC No. 15-12-M-00029V) last 11 December 2015 from the Energy Regulatory Commission (ERC) for its 54MW San Lorenzo Wind Farm Project. The certificate entitles TAREC to recognize its Feed-In Tariff at an approved rate of […]
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Trans-Asia Oil Posts 295% Jump in 1Q2013 Net Income

Makati—(PHStocks)—Trans-Asia Oil and Energy Development Corp. (PSE: TA), an end-to-end energy company engaged in oil and gas exploration and development, power generation, and electricity supply, has reported consolidated revenues of PhP431.7 million in the first quarter of 2013, up from PhP181.3 million in the same period last year. Net income increased to PhP164.9 million, up […]
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Trans-Asia Oil Updates on Re-entry, Testing Operations at Nassiping-2 Well

Makati–(PHStocks)–Trans-Asia Oil and Energy Development Corp. (PSE: TA) has announced the completion of the re-entry and testing operations at the Nassiping-2 well in Gattaran, Cagayan under petroleum Service Contract No. 52. Seven (7) zones within a 200 meter section of the objective limestone reservoir were perforated and the well was flowed for about 26 hours for […]
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Oil Firms Pursue Exploration in Philippines

Trans-Asia Petroleum Corp. (PSE: TAPET) and partner Frontier Gasfields Pty Ltd (FGL) are furthering exploration activities in Service Contract 69 (SC 69) in Eastern Visayas. Trans-Asia Petroleum, which is set to take over the exploration block, and its partner jointly notified the Department of Energy that they were set on sub-Phase 4 exploration in the […]
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Trans-Asia Buys Out Holcim in Power JV

Makati—(PHStocks)—Trans-Asia Oil and Energy Development Corporation (Trans-Asia, PSE: TA) and Holcim Philippines Inc. (PSE: HLCM) has signed a Share Purchase Agreement for the purchase by Trans-Asia of Holcim’s 50% stake in Trans-Asia Power Generation Corporation (TAPGC). TAPGC is a joint venture between Trans-Asia and Holcim. It owns and operates a 52MW power plant in Norzagaray, […]
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